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Who's wanted to chuck it all?

Change focus?

3:38 am on Feb 14, 2011 (gmt 0)

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While sitting here at the end of yet another work weekend, where I had to miss yet another event that I wanted to go to... while all my friends went and had a good time... I sometimes wonder how the heck I ended up here. If I could go back and do it over, I think I would have put all the effort into a content site or two. Making/selling products has now become one big giant ball and chain in my life. I see some people running businesses from a Blackberry and I look on with great envy. The amount of labor I have to do compared to many people, is insane.

Anybody ever think of chucking the whole sales thing, and try to switch towards content only? I know I sure have. Unfortunately my two content sites don't make jack. If only I had that magic idea.
9:05 pm on Feb 23, 2011 (gmt 0)

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For you to be happy being an entrepreneur, one of two things has to be happening:

1) You have to love what you're doing, no matter how much money you're making.

2) You have to love how much money you're making, no matter what you're doing.

Ideally, it's a combination of both.

If either of those two things are not happening, it's not worth it. And if neither of those two things is happening, either your business plan is flawed or you're afraid to delegate. Which is it?

My company has grown over 1000% in the past 2 years and I have more time than ever because I've delegated many of my tasks. I know people with businesses 2000% the size of mine with even more time than me.

Delegating can be difficult when first starting. It takes time to build systems and most importantly, make the profits that allow you to delegate. But there has to be a clear goal to eventually work less (or make tons more money). Don't become that guy who has owned a restaurant his entire life, working 14 hours day, hating every day of it, and barely making $50,000/year.
5:34 am on Mar 1, 2011 (gmt 0)

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Another excellent quote!
Remember the 20/80 rule-
20% of your customers take up 80% of your time.
Fire that 20% of your customer base and you can use the 80% of your time regained to...
- whatever.
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